| Jiangsu Ouqiao Worsted Co., Ltd. is situated in Tangqiao town, Zhangjiagang city, where is close to the Express Way Alongside Yangtse River and the 204 State Road. About 2 hours car-way from Shanghai Pudong International Airport, it is easy of access. It covers a land area of 116mu, with the building area of 60,000 square meters. Since its establishment in 1984, Ouqiao has developed into a large private enterprise with a line of woolen tops combing, tops dyeing, recombing, spinning, weaving and finishing. The annual output of worsted fabric is 6 million meters, woolen fabric is 1 million meters, and acrylic knitted cloth is above 1,200 tons. Our fashionable fabrics are sold well both in domestic and overseas markets, including EU countries, America, Japan, Canada, Mid-East and HongKong, etc.
In 2001, we took large-scale, omnibearing technical innovation in our spinning, weaving and finishing workshop and imported over 100 advanced dyeing, spinning, weaving and finishing devices from Germany, Italy, Switzerland, with an investment of 70 million RMB. Nowadays, the technical level and automatic degree of devices are enhanced rapidly, and has reached the advanced level in the wool industry. Meanwhile, a series of service equipments of water, electricity, steam and sewage treatment are equipped strictly according to the modern standard. To participate in market competition, we adopt European textile working standard, our products were awarded with Oeko-Tex Standard 100 in 2005.
The total assets of our company are 120 million RMB, inclusive of 45 million RMB current assets, and the asset-liability ratio is 2.6%. In our company, there are more than 1000 staff members, 280 of which are professional technical and management personnel owning college degree. We have professional R&D teams and positive marketing groups in accordance with the requirements of modern enterprise regulation. We standardize the internal organization, management structure and operating system continuously and participate in the market competition actively on the center of economical benefits, depending on the technical improvement and the support of the talents. Our company passed the ISO9002 Quality Standard Certification in 2000, and got the foreign trade rights in 2001. For many years, our company has been successively awarded the excellent enterprise, observing contract, valuing credit and trustworthy enterprise. Moreover, it has been assessed as "AAA" grade enterprise by Jiangsu Evaluation Company for International Consultation and "golden customer" by Agricultural Bank of Suzhou for many years.
With the scientific management, strong technical force and complete measuring and testing equipment, we are highly praised by our customers. We promise and abide the aim "Quality First, Customer First, Reputation First". Welcome domestic and Overseas friends to visit us and talk over business.